About the Book:-Γ* A simplified, systematic approach to the understanding of complex subjects written in aunique, simple, easy to understand language that enables a quicker grasp for the students.Γ* This book covers comprehensively the entire syllabus of paper on Indirect Tax’introduced in the IVth Semester of B.Com (H) of Delhi University.Γ* Each topic, contains a theoretical exposition and is followed by plenty of illustrations to facilitate the busy students to master the practical application of the law. Numerous problems and solutions have been given to enable the students to clearly grasp the intricate provisions. Γ* The book is useful for students appearing for lInd year B. Com. (H), IVth SemesterExaminations of Delhi University. It will also be useful for the students of variousUniversities and Management InstitutesAbout the Authors:-DR. GIRISH AHUJA did his graduation and post-graduation from Shri RamCollege of Commerce and was a position holder. He got his Ph.D from Faculty ofManagement Studies, University of Delhi. He has been teaching Direct Taxes tostudents at various levels for more than 35 years. He is a Fellow of the Institute ofChartered Accountants ofindia (ICAl) and was a rank holder in both Intermediate andFinal Examinations of the Institute. He was a senior faculty member of Shri RamCollege of Commerce (Delhi University) and also has been visiting faculty member ofthe Institute of Chaqered Accountants of India, Institute of Company Secretaries ofIndia (ICSI) and various management institutes. He had been nominated by theGovernment to the Central Council of the Institute of Company Secretaries ofIndia fortwo terms. He is a special invitee to the Fiscal Law Committee ofICAl and EditorialBoard ofICS!. He is also on the Board of Directors of many companies and has a vastand rich experience in the field of finance and taxation. He has addressed more than4000 seminars on Direct Taxes organized by ICAl, ICSI, ICWAI, Chambers ofCommerce, etc.Dr. RA VI GUPTA did his graduation and post-graduation from Shri Ram College ofCommerce. Thereafter, he did LL.B. from Delhi University and MBA (Finance) fromFaculty of Management Studies, Delhi. He has been awarded a Ph.D. degree inInternational Finance by the Delhi University. He is a faculty member at Shri RamCollege of Commerce (Delhi University) and also has vast practical experience inhandling tax matters of trade and industry. He has been a visiting faculty member aITheIndian Law Institute, The Institute of Company Secretaries of India, MFC (SouthCampus, Delhi University), MDI and various other Management Institutes. He hasaddressed more than 2000 seminars on Direct Taxes organized by ICAI, Chambers ofCommerce, Universities, etc. He is an independent director of many reputed companies.